New Jersey couple charged with stealing U-Haul, fake IDs, Treasury checks and gun
RARITAN TOWNSHIP, N.J. — A stolen U-Haul van led police to uncover a far-reaching identity theft and fraud scheme involving a local couple now facing a slew of charges including forgery, firearm…
Treasury market shows resilience in face of aggressive Fed rate hikes
By Michael S. Derby NEW YORK (Reuters) – Fears that aggressive Federal Reserve interest rate rises would break the Treasury bond market have failed to come to fruition so far, even as…
Bank-fintech ventures benefit consumers, enhance competition: U.S. Treasury
By Hannah Lang WASHINGTON (Reuters) – Partnerships between banks and financial technology companies are a net-positive for consumers when done responsibly, the Treasury Department will say in a report due on Wednesday.…
Italy names former Treasury official to head ITA Airways
ROME (Reuters) -The Italian economy ministry on Wednesday said it would appoint former Treasury official Antonino Turicchi as chairman of state-owned carrier ITA Airways, the successor to Alitalia. Turicchi, who also sat…
Short bets on 2-year Treasury futures largest since 1990
(Reuters) – Speculators raised their short positions on two-year Treasury note futures to the most since at least 1990 in the latest week, Commodity Futures Trading Commission (CFTC) data showed on Monday.…
Brazil’s Treasury presents new fiscal anchor for debate
BRASILIA (Reuters) – Brazil’s Treasury on Monday presented a proposal for a new fiscal anchor that aims to replace three rules currently in force with just one, which limits the real growth…
SHEFFIELD: A Key Treasury Adviser’s Think Tank Is A Hotbed For Radical Ideas On Banking. Here’s How
SHEFFIELD: A Key Treasury Adviser’s Think Tank Is A Hotbed For Radical Ideas On Banking. Here’s How Carrie Sheffield on October 31, 2022 The Left is on a concerted warpath to dismantle…
‘Discourage Investment’: Clinton Treasury Secretary Bashes Biden’s Windfall Oil Tax Plan
‘Discourage Investment’: Clinton Treasury Secretary Bashes Biden’s Windfall Oil Tax Plan Jack McEvoy on November 1, 2022 Former President Bill Clinton’s Treasury Secretary Larry Summers on Tuesday criticized President Joe Biden’s plan…
U.S. Treasury to issue $550 billion in debt in Q4
By Alden Bentley NEW YORK (Reuters) – The U.S. Treasury said on Monday it expects to issue $550 billion in debt in the fourth quarter, up $150 billion from an August estimate,…
Ex treasury secretary Mnuchin says U.S. in recession, will continue
RIYADH (Reuters) – Former U.S. treasury secretary Steve Mnuchin said on Wednesday he believed the United States was in a recession and said this would continue. Speaking at Riyadh’s flagship investment conference…
Brazil’s Treasury to receive $8.5 billion from development bank BNDES this year
BRASILIA (Reuters) – Brazil’s Treasury will receive 45 billion reais ($8.5 billion)from loans it has granted to development bank BNDES in the past, the Economy Ministry said on Tuesday, an action that…
U.S. Treasuries post record foreign inflows in August -Treasury data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Foreign inflows into U.S. Treasuries posted a record in the month of August, data from the U.S. Treasury department showed on Tuesday, as investors speculated…
Yellen cites ‘significant’ Ukraine financing needs in meeting with PM -Treasury
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen held a virtual meeting with Ukrainian Prime Minister Denys Shmyhal on Tuesday and “acknowledged Ukraine’s significant financing needs next year,” the…
U.S. Treasury proposes climate data collection rule for insurers
WASHINGTON (Reuters) – The U.S. Treasury on Tuesday said it was proposing a new rule to collect data on climate-related risks from property and casualty insurers, one of the first concrete actions…
U.S. Treasury probing misuse of federal funds for DeSantis’s migrant flights
By Moira Warburton WASHINGTON (Reuters) – The U.S. Treasury is investigating whether Florida Governor Ron DeSantis improperly used federal funds to pay for flights transporting migrants from Texas to Massachusetts, the department…
U.S. needs to do more to tackle inflation, deputy Treasury chief says
WASHINGTON (Reuters) – The United States still needs to do more to bring down inflation, which is still too high globally, Deputy U.S. Treasury Secretary Wally Adeyemo said on Wednesday, adding that…
U.S. Treasury sets new tax credit rule to expand affordable housing
By David Lawder WASHINGTON (Reuters) – The U.S. Treasury moved to preserve and expand the supply of affordable housing on Friday by finalizing a new tax credit income rule that may qualify…
Investment funds buy $23.931 billion 2-year note in September – U.S. Treasury
REUTERS – Large investment managers bought $23.931 billion at a 2-year note auction held in September, compared with the $24.193 billion they purchased the previous month, data from the U.S. Treasury Department…
Petrobras taps Brazil Treasury official for executive post, sources say
By Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) – Brazilian Treasury official Esteves Colnago has been tapped for a position on the executive board of Petrobras, two sources told Reuters on Thursday,…
China finance ministry to issue an extra 5.5 billion yuan of treasury bonds in Hong Kong
HONG KONG (Reuters) – China’s finance ministry said on Thursday that it will issue an additional 5.5 billion yuan ($773.18 million) worth of yuan-denominated sovereign bonds in Hong Kong on Oct. 12.…
Biden’s Treasury Department Creates ‘Racial Equity’ Task Force To Look For Racism In The Economy
Biden’s Treasury Department Creates ‘Racial Equity’ Task Force To Look For Racism In The Economy John Hugh DeMastri on October 4, 2022 The Treasury Department announced the formation of the Treasury…
U.S. Treasury encourages new laws to address crypto regulation gaps
By Hannah Lang (Reuters) – The Financial Stability Oversight Council (FSOC), a U.S. regulatory panel comprising top financial regulators, on Monday recommended that Congress pass legislation addressing risks digital assets pose to…
IRS to deploy 400 staff to aid federal response to Hurricane Ian -Treasury
By David Lawder WASHINGTON (Reuters) – The Internal Revenue Service is deploying 400 employees to assist with the federal emergency response to Hurricane Ian, including call center services, search and rescue and…
Exclusive-U.S will not nominate another U.S. candidate for IDB, Treasury says
By Andrea Shalal WASHINGTON (Reuters) – The Biden administration will not nominate a candidate from the United States to head the Inter-American Development Bank (IDB) after this week’s ouster of Mauricio Claver-Carone…
UK Treasury minister rejects IMF concern over tax-cutting budget
LONDON (Reuters) -Chris Philp, Britain’s chief secretary to the Treasury, said he disagreed with concerns raised by the International Monetary Fund about the government’s tax-cutting budget that has roiled markets, saying it…
Deputy U.S. Treasury chief says soft landing is possible
NEW YORK (Reuters) – Deputy U.S. Treasury Secretary Wally Adeyemo said on Wednesday the Biden administration feels confident about the U.S. economy going forward and that it is possible to bring down…
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